![Legal Challenge to Reopening of Assessment Not Raised Before CIT(A): ITAT Restores Appeal for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099598-itat-fresh-adjudication-reopening-of-assessment-chennai-bench-itat-restores-appeal-taxscan.webp "Legal Challenge to Reopening of Assessment Not Raised Before CIT(A): ITAT Restores Appeal for Fresh Adjudication [Read Order]")
Legal Challenge to Reopening of Assessment Not Raised Before CIT(A): ITAT Restores Appeal for Fresh Adjudication [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal for fresh adjudication of a legal issue regarding the validity of...
![Only Unutilized Capital Gains Amount u/s 54F Taxable, Not Entire Capital Gains: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/250x150_2099577-capital-gains-amount-entire-capital-gains-taxscan.webp "Only Unutilized Capital Gains Amount u/s 54F Taxable, Not Entire Capital Gains: ITAT [Read Order]")
![Non-Payment of Self-Assessment Tax u/s 140A Renders Appeal Not Maintainable: ITAT Sets Aside CIT(A)s Order [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/250x150_2099545-self-assessment-tax-taxscan.webp "Non-Payment of Self-Assessment Tax u/s 140A Renders Appeal Not Maintainable: ITAT Sets Aside CIT(A)s Order [Read Order]")
![Reopening Based Solely on Third-Party Information and Reason to Suspect Invalid: ITAT Quashes ₹80.59 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/250x150_2099523-reopening-taxscan.webp "Reopening Based Solely on Third-Party Information and Reason to Suspect Invalid: ITAT Quashes ₹80.59 Lakh Addition [Read Order]")
![Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099555-tax-liability-taxscan.webp "Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]")
Temple Governed by HPPRICE Act Not Required to Furnish Trust Deed for Registration u/s 12A: ITAT Directs Grant of Registration [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the temple governed by the Himachal Pradesh Hindu Public Religious Institutions and Charitable Endowments Act, 1984 ...
![Temple Governed by HPPRICE Act Not Required to Furnish Trust Deed for Registration u/s 12A: ITAT Directs Grant of Registration [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099536-temple-governed-hpprice-act-itat-taxscan.webp "Temple Governed by HPPRICE Act Not Required to Furnish Trust Deed for Registration u/s 12A: ITAT Directs Grant of Registration [Read Order]")
Amount Received for Reduced LLP Profit Share Not Taxable as Goodwill or Capital Gains: ITAT Deletes ₹1.98 Cr Addition [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs.1,98,86,210 and ruled that the amount received by the assessee for a reduction in her profit-sharing ratio in...
![Amount Received for Reduced LLP Profit Share Not Taxable as Goodwill or Capital Gains: ITAT Deletes ₹1.98 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099460-llp-profit-share-goodwill-capital-gains-itat-income-tax-appellate-tribunal-taxscan-.webp "Amount Received for Reduced LLP Profit Share Not Taxable as Goodwill or Capital Gains: ITAT Deletes ₹1.98 Cr Addition [Read Order]")
Co-operative Society Entitled to Claim Deduction u/s 57 for Expenditure Incurred on Interest Income from Banks: ITAT Remits Income Tax Matter [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) remitted the matter back to the Assessing Officer (AO) to verify the actual expenditure incurred by the assessee to earn interest ...
![Co-operative Society Entitled to Claim Deduction u/s 57 for Expenditure Incurred on Interest Income from Banks: ITAT Remits Income Tax Matter [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099400-interest-income-co-operative-society-taxscan.webp "Co-operative Society Entitled to Claim Deduction u/s 57 for Expenditure Incurred on Interest Income from Banks: ITAT Remits Income Tax Matter [Read Order]")
Unsecured Loan Genuine and Merely Carried Forward from Earlier Year, Not Fresh Borrowing: ITAT Deletes Rs. 2.50 Cr Income Tax Addition u/s 68 [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal of the assessee, observing that the unsecured loan was carried forward from an earlier year and not taken in the ...
![Unsecured Loan Genuine and Merely Carried Forward from Earlier Year, Not Fresh Borrowing: ITAT Deletes Rs. 2.50 Cr Income Tax Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099394-unsecured-loan-fresh-borrowing-loan-itat-income-tax-addition-income-tax-taxscan.webp "Unsecured Loan Genuine and Merely Carried Forward from Earlier Year, Not Fresh Borrowing: ITAT Deletes Rs. 2.50 Cr Income Tax Addition u/s 68 [Read Order]")
Unexplained Cash Addition u/s 69 Deleted by CIT(A) on Evidence of Source of Share Application Money: ITAT Remands Matter for Fresh Verification of Source [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) remanded the matter relating to unexplained cash addition of Rs. 2.05 crore under Section 69 for fresh verification of the source of share ...
![Unexplained Cash Addition u/s 69 Deleted by CIT(A) on Evidence of Source of Share Application Money: ITAT Remands Matter for Fresh Verification of Source [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099387-unexplained-cash-itat-fresh-verification-taxscan.webp "Unexplained Cash Addition u/s 69 Deleted by CIT(A) on Evidence of Source of Share Application Money: ITAT Remands Matter for Fresh Verification of Source [Read Order]")
Co-operative Society Eligible for 80P(2)(d) Deduction on Interest from Co-operative Bank Investments: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that a co-operative society is entitled to a deduction under Section 80P(2)(d) of the Income Tax Act in respect of interest earned ...
![Co-operative Society Eligible for 80P(2)(d) Deduction on Interest from Co-operative Bank Investments: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099348-co-operative-society-co-operative-bank-investments-itat-taxscan.webp "Co-operative Society Eligible for 80P(2)(d) Deduction on Interest from Co-operative Bank Investments: ITAT [Read Order]")